● 5 potential Ethereum spot ETF issuers submit revised 19B-4 documents to the SEC

According to BlockBeats, Bloomberg senior ETF analyst James Seyffart posted on social media that five potential Ethereum spot ETF issuers have submitted a proposed Ethereum spot ETF revised version 19B-4 document to the U.S. Securities and Exchange Commission (SEC) through the Chicago Board Options Exchange (Cboe BZX). The five companies include: Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin.

● VanEck’s spot Ethereum ETF listed on DTCC website

According to BlockBeats, on May 22, DTCC data showed that the spot Ethereum ETF "VANECK ETHEREUM TR SHS" (code ETHV) launched by asset management group VanEck has been listed on the DTCC (U.S. Securities Depository and Clearing Corporation) website, and the Create/Redeem column shows N.

● Grayscale and Fidelity remove staking-related content from Ethereum spot ETF applications

According to ChainCatcher, Grayscale has deleted the pledge-related content in its proposed Ethereum spot ETF application, according to an amended preliminary proxy statement. In a previous document, Grayscale had proposed to investors that Ethereum could be pledged through the trust fund. But there is no such wording in the amended preliminary proxy statement submitted by Grayscale on Tuesday. Other issuers, including Fidelity, have taken similar measures.

In addition, according to documents from the U.S. Securities and Exchange Commission (SEC), Fidelity's updated version of the Ethereum spot ETF S-1 application submitted to the SEC shows that Fidelity has withdrawn its plan to pledge Ethereum (ETH) holdings in its proposed ETF.

● Source: The US SEC has informed exchanges that it is inclined to approve spot Ethereum ETFs

According to Odaily Planet Daily, source @tier10k disclosed on the X platform that the U.S. Securities and Exchange Commission has informed exchanges that they tend to approve the spot Ethereum ETF.

● Lawyer: Ethereum spot ETF may take time in the S-1 application approval process. Bitcoin spot S-1 document approval took 4 months

According to PANews, Scott Johnsson, a well-known financial lawyer, said on the X platform that the U.S. Securities and Exchange Commission (SEC) spent nearly 4 months reviewing and revising the Bitcoin (BTC) spot S-1 form and 5 months reviewing the Bitcoin (BTC) futures S-1 form. If the company's finance department did learn of this potential approval yesterday, they may have just gotten started. This situation is not clear at a glance, so it is difficult to know how they can quickly advance this process.

Bloomberg ETF analyst James Seyffart quoted the above remarks and commented that it is generally believed that (19b-4 filing) "approval" means the immediate launch of the Ethereum ETF. This is not necessarily the case. It may take a few days (at least), at least a few weeks, and possibly even months between approval and launch.

● Fed Governor Waller: There may be no need to raise interest rates further, more inflation data is needed before considering a rate cut

According to ChainCatcher, Federal Reserve Board Governor Waller recently said that he believes that further interest rate hikes may not be necessary and that it will take "a few more months" of good inflation data before considering a rate cut.

● Trump's presidential campaign officially accepts Bitcoin and cryptocurrency donations, and Biden's campaign may also accept

Earlier today, Trump began accepting Bitcoin and cryptocurrencies as campaign donations, according to Golden Finance. At the same time, according to Bitcoin Magazine, Joe Biden's campaign team requested donations, saying that donations from "cryptocurrency executives" who support Donald Trump "exceeded" them.

● Uniswap responded to the SEC Wells notice, emphasizing that it is not an exchange and the SEC has no right to regulate it

According to Wu, Uniswap responded to the SEC Wells Notice in a 43-page document, emphasizing that it is not an exchange and that the SEC has no authority to regulate BTC, ETH or stablecoins. Uniswap argued that the tokens traded on its platform are not securities, but alternative assets such as stablecoins, community and utility tokens, and commodities. By its decentralized nature, the protocol does not maintain user accounts or collect personal data. Uniswap believes that the case will encourage Americans to use foreign interfaces and trading protocols that are more difficult to regulate, while discouraging innovators. Uniswap also stated that the SEC cannot get the answers it wants through litigation and that congressional intervention is needed to regulate cryptocurrencies.

● BNB Chain launches trading volume incentive program with a prize pool of up to $250,000

On May 21, BNB Chain announced the launch of a trading volume incentive program aimed at rewarding trading enthusiasts and ecological partners. The incentive program offers a prize pool of up to $250,000, which will be divided into two parts: trading volume challenge and trading ranking competition. The first part of the trading volume challenge registration period: May 21, 2024 to May 26, 2024 23:59 (UTC time) Competition period: May 27, 2024 00:00 to June 25, 2024 23:59 (UTC time) The second part of the trading ranking competition activity period: May 27, 2024 00:00 to June 25, 2024 23:59 (UTC time).